Grovalue Securities Franchise business can be started with a deposit of Rs. 50000 as the firm has kept its minimum security deposit requirement at a lower level.
The earning potential at this stage for the Grovalue Securities sub-brokers is 50% while with the increase in the security deposit to the maximum of Rs. 100000, the earning potential will also increase by up to 70%.
The private full-service broker based out of Mumbai was first started by Ankit Sethi in the year 2016. It is a very new share brokerage firm with new investment schemes and products that you can deal into.
The time taken for activating the code for the sub-brokers is 28 days while the payments are made within 30 days only.
|Grovalue Securities Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.100,000|
|Revenue Sharing||50% – 70%|
|Payout Time||30 Days|
|SB Code Activation Time||28 Days|
What do you know about Grovalue Securities Franchise?
|Grovalue Securities Business Partner Overview|
|Here is the overview of Grovalue Securities Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Mumbai, Maharashtra|
|Who is the Founder?||Ankit Sethi|
|What is the year of establishment?||2016|
|How many days does it take for SB Code Activation?||28 Days|
|How many days/weeks it takes for Payout?||30 Days|
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Grovalue Securities Sub Broker Program provides?
|Grovalue Securities Franchise Business Models|
|Know about various Business Models of Grovalue Securities|
|Is the Sub Broker business model available?||Yes|
|Do they provide Referral Program?||Yes|
|Do they provide Master Franchise Model?||Yes|
|Does this broker provide Partner / Remisier model?||No|
How does Grovalue Securities Sub Broker Revenue Sharing work?
|Grovalue Securities Sub Broker Revenue Sharing|
|Find the details of Grovalue Securities Sub Broker Commission for all Business Models|
|What is the revenue sharing for Sub Broker program?||50% – 70%|
|Do they provide revenue sharing or direct pay for Referral Program?||15%|
|How much is the revenue sharing Master Franchise business?||75% – 85%|
|How much is the revenue sharing required for Partner / Remisier model?||NA|
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What is the Grovalue Securities Business Partner Security Deposit requirement?
|Grovalue Securities Franchise Security Deposit|
|Check the Grovalue Securities Franchise cost requirement for each business model|
|How much is security deposit required for Sub Broker Program?||Rs.50,000 – Rs.100,000|
|Is there any security deposit required for Referral Program?||Zero|
|What is the initial investment required for Master Franchise Model?||Rs.200,000 – Rs.500,000|
|What is the deposit required for Partner / Remisier Model?||NA|
What are the various Offers rolled out by Grovalue Securities Authorised Person Program?
|Grovalue Securities Sub Broker Offers|
|Here is the list of Grovalue Securities Franchise offers available to the clients|
|Do they provide Flexible Revenue Sharing offer?||Yes|
|Are they providing Flat Revenue Sharing offer?||No|
|Do they offer Zero Revenue Sharing model with Prepaid payment?||No|
|Do they provide Zero Deposit scheme?||Yes|
|Are they offering 10k Initial Deposit scheme?||No|
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What are the various Supports provided to Grovalue Securities Business Partner?
|Grovalue Securities Business Partner Support|
|Here are the various Support Grovalue Securities Franchise needs to provide to their clients|
|Do they provide Acquisition Training to their associates?||Yes|
|Do they provide Training for Dealers of their sub brokers?||No|
|Are they providing Product Training for their business partners?||Yes|
|Do they provide Back-Office Support for their authorised person?||Yes|
|Are they providing Trading Support to their business partners?||Yes|
|Are they sharing Advisory Support with their partners?||No|
|Does the broking house provide Marketing Support to their sub brokers?||Yes|
Which is the Infrastructure required for Grovalue Securities Sub Broker Program?
|Grovalue Securities Partner Infrastructure Requirement|
|Find the various Infra required to take up Grovalue Securities Franchise|
|What is the Employee Strength needed to start this franchise?||Minimum 3|
|Do the Sub Broker needs to provide Trading Terminals?||No|
|Is the Internet Connection mandatory to take up franchise?||Yes|
|Are Telephone Lines mandatory for Business Partners?||Yes|
|Is it mandatory to provide Research Services by Sub Broker?||Yes|
|How much is the size of Office Area required to become a Sub Broker?||Minimum 200 Sq Ft|
Find out the basic requirements of other Stock Broking Franchise
What is the brokerage charges levied to the Clients of Grovalue Securities Partners?
|Grovalue Securities Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Grovalue Securities Sub Broker to their clients|
|What are Equity Intraday charges?||0.025% – 0.055%|
|How much are Equity Delivery charges?||0.25% – 0.55%|
|How much is the charge levied on Equity Options?||Rs.25 – Rs.55 per Lot|
|How much are the Currency Options charges?||Rs.25 – Rs.55 per Lot|
|What are Equity Futures charges?||0.025% – 0.055%|
|What are the charges levied on Currency Futures?||0.02% – 0.05%|
|What are the charges levied on Commodity Trading?||0.02% – 0.05%|
What is the Account Opening Charges Levied to the clients of Grovalue Securities Sub Broker?
|Grovalue Securities Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Grovalue Securities Franchise to their clients|
|What are the Account Opening Charges?||Rs.250|
|What is the Margin Money required?||Minimum Rs.15,000|
|What is the charge for Demat AMC?||Rs.600 per Annum|
|how much are Trading AMC charges?||Free|
|How much is the Transaction Charges levied?||0.00%|
What is the Customer Ratings of Grovalue Securities Authorised Person Program?
|Grovalue Securities Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Grovalue Securities|
|According to Revenue Sharing Model of the Franchisor||2.5 / 5|
|Ratings as per Security Deposit provided by the company||2.2 / 5|
|As per Experience in the Sub Broker Business||2.4 / 5|
|As per Offers provided by the Broking Franchise||2.4 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||2.2 / 5|
|Overall Ratings of the Sub Broker Franchise||2.4 / 5|
Grovalue Securities Franchise Conclusion
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Start your own Business Now! Become a Sub Broker. Fill up the Form
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